*Photo from MMF Annual Investors Meeting in Knoxville, TN

Chicago, IL – Midwest Mezzanine Funds (“Midwest Mezzanine”), a leading junior capital firm dedicated to investing across the lower middle market, announced today the successful final close of Midwest Mezzanine Fund VII SBIC, L.P. (“Fund VII SBIC”), at $267.5 million of investable capital. The fund received commitments from a diverse range of regional, national, and international banks; insurance companies; large institutional investors; family offices; and high net worth individuals. In addition, Fund VII SBIC has been licensed by the U.S. Small Business Administration as a Small Business Investment Company (“SBIC”) and is the fourth SBIC formed and managed by Midwest Mezzanine.

“We are truly grateful for the unwavering support from both our longstanding and new investors, and we are thrilled to have closed Fund VII SBIC above our target,” said Ana Winters, Senior Managing Director of Midwest Mezzanine. “Closing our seventh fund underscores the strength of our disciplined investment philosophy and the partnership approach we’ve developed and executed as a team.” said Mike Foster, Senior Managing Director of Midwest Mezzanine.

Through Fund VII SBIC, Midwest Mezzanine will continue to invest subordinated debt, second lien term loans, last-out senior secured unitranche term loans, as well as non-control equity securities in mature companies located in the United States with EBITDA of at least $3 million. Midwest Mezzanine typically invests between $4 million and $15 million per investment and can lead or participate in investments greater than $15 million through co-investments from limited partners or other capital providers. During its 32-year history, Midwest Mezzanine has invested over $1 billion of junior capital in more than 140 portfolio companies.

Since holding a first close on Fund VII SBIC in April 2024, Midwest Mezzanine has invested ~$30 million of capital in 3 new portfolio companies: Black Creek Integrated Systems, Integra Testing Services, and Chippewa Concrete Services.​ ​“Our flexibility and creativity in customizing capital structures for each portfolio company enables the firm to collaborate effectively with our Sponsors and management teams, fostering a shared vision for long-term value creation.” said Paul Kreie, Senior Managing Director of Midwest Mezzanine.

Our Mission is to provide flexible capital solutions to help drive the success of Sponsor-backed portfolio companies. Our team of ten takes great pride in the relationships we build, both inside and outside of the firm. Our three Managing Directors have, on average, 25+ years of lending and private equity experience and have worked together seamlessly for over 20 years.

As one of the oldest continually managed mezzanine firms in the United States, Midwest Mezzanine is a notable example of stability and experience. We believe that combination, coupled with shared values, diverse perspectives, and proven expertise lies at the heart of our success and enables us to provide the best capital solutions for the organizations with whom we partner.